Annual house prices in the UK have slowed from 6.8% to 5.7% in February for the first time in five months decreasing by 0.1% during the month.
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Category Archives: Mortgage Buyers
New data from the English Housing Survey shows the number of outright homeowners is greater than those buying with a mortgage.
According to the Council for Mortgage Lending (CML) gross mortgage lending decreased by 14% in January to £14.3 billion.
Data from the CML shows lending to buy-to-let landlords has increased by 26% in the last quarter of 2014 compared to the previous year.
With interest rates remaining low lenders are lowering fixed rate mortgages even for homebuyers with only small deposits.
The Council of Mortgage Lenders (CML) have released data showing the number of homeowners losing their house is down 26% in the last year.
Bank of England data shows a rise in the number of mortgage approvals to 60,275 as lenders bring back low cost mortgages.
Data from the Nationwide and Land Registry shows house prices grow is the lowest since 2013 and reduced in January.
First time buyers have struggled to buy their first home with numbers declining for more than a decade according to the ONS.
Data from the Council of Mortgage Lending shows mortgage lending has reached a six-year high although lending has now slowed.